The latest edition of the Fraunhofer Institute for Solar Energy Systems (ISE) study highlights a pivotal moment in the energy landscape, revealing that the levelized cost of electricity (LCOE) from renewable energy sources, in particular photovoltaic (PV) systems combined with battery storage, will continue to decline until 2045. This downward trend in LCOE presents a … Continue reading LCOE for photovoltaics (PV) projected to decline until 2045
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New study reveals that photovoltaic and wind power is now cheaper than coal and gas power plants
New research by the Fraunhofer Institute for Solar Energy Systems reveals that solar photovoltaics — converting solar energy into electricity — produce cheaper electricity than coal or gas, even when combined with batteries. The Fraunhofer Institute has been collecting data on the costs of different energy sources, like wind, nuclear, and coal, since 2010. While … Continue reading New study reveals that photovoltaic and wind power is now cheaper than coal and gas power plants
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HelioControl Project Completed: Determination and control of aim points for heliostat fields in operation
Among concentrated solar power plants, solar tower systems are considered to have the greatest potential in terms of efficiency and cost reduction. In particular, costs can be saved on mirrors (heliostats), which account for between 30 and 40 percent of the investment. Frequent calibration or control of the heliostat aim points is one approach. In … Continue reading HelioControl Project Completed: Determination and control of aim points for heliostat fields in operation
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Fraunhofer Institute for Solar Energy Systems expands research and development on energy storage
Since being founded more than 30 years ago, the Fraunhofer Institute for Solar Energy Systems ISE has covered a wide range of complementary technologies, optimally preparing it for the challenges facing the energy transformation. In addition to solar technology research, the systemic aspects and questions regarding energy storage also played a role right from the … Continue reading Fraunhofer Institute for Solar Energy Systems expands research and development on energy storage
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Allianz Climate Solutions, Fraunhofer ISE and VDE Institute Partner up to Offer Integrated Financial & Technical Services for Solar Energy
Solar photovoltaic (PV) projects worldwide must demonstrate a high level of quality and performance that can be relied on by investors, commercial banks and insurance companies. To meet this demand, Allianz Climate Solutions, the Fraunhofer Institute for Solar Energy Systems (ISE), and the VDE Testing and Certification Institute (VDE Institute) have entered into a partnership … Continue reading Allianz Climate Solutions, Fraunhofer ISE and VDE Institute Partner up to Offer Integrated Financial & Technical Services for Solar Energy
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New photovoltaic (PV) world record: Solar cell efficiency at 46%
A new world record for the direct conversion of sunlight into electricity has been established. The record multi-junction solar cell converts 46 % of the solar light into electrical energy and was developed by Soitec and CEA-Leti, France, together with the Fraunhofer Institute for Solar Energy Systems ISE, Germany. Multi-junction cells are used in concentrator … Continue reading New photovoltaic (PV) world record: Solar cell efficiency at 46%
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